Overall, the market share for credit cards and debit cards is likely to remain relatively stable in the future.
market share on credit cards and debit cards: Credit Cards vs Debit Cards: Market Share and Trends Credit cards and debit cards are two of the most popular payment methods in the world. But which one is more popular? And how is the market share for credit cards and debit cards changing over time? Market Share of Credit Cards and Debit Cards In the United States, credit cards have a larger market share than debit cards. As of 2022, there were an estimated 1.09 billion credit cards in circulation in the US, compared to 700 million debit cards. This means that about 72% of adults in the US have at least one credit card, while about 52% have at least one debit card. The market share for credit cards is also larger than the market share for debit cards in many other countries around the world. For example, in Canada, credit cards have a market share of about 75%, while debit cards have a market share of about 25%. Trends in the Market Share of Credit Cards and Debit Cards The market share f...